BSV
Did BSV/USD Break Trend?Transparency: I own a decent amount of BSV! I use Twetch occasionally and looking forward to more things that will be built on this blockchain.
The technical opinion is below the line in the post.
I think it goes without saying that BSV/USD is not an asset that can be traded like other crypto assets. I am of the opinion that BSV was highly manipulated around the time that CoinGeek held their conferences, I'm not complaining, just something I notices.
But a pump didn't happen around the time of the last CoinGeek event, well, not a very big pump at least! Was it due to Covid? Perhaps, or maybe the pumpers didn't think it was worth pumping around that time because there wasn't going to be an audience at CoinGeek...who know.
So, what can we do with this crypto asset at the levels it's trading at now? Under performing what everyone that bought into the hype thought would be an amazing over performer.
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I'm showing a chart of the one month candle, which to me, cut's out all the irrelevant noise. Because, if you think about it, that's all it is, especially with this asset.
I pulled a line from the low of the first candle wick and connected it to the bottoms of the two rocket ship candles.
I know what you're thinking...why didn't I connect the line to all the low wicks? To show different perspective...that's all.
I notices that if the month of December's candle closes below this line, we may have broken a long term trend!
Does this really matter if the candle closes below this line...the more I think about it...the more I tell myself...no! To be honest, this is the one crypto I can't trade, even when it pumps hard.
To me, this is a fundamental play. So, since I saw value at $240, why wouldn't I see value at $150 or $130? Even after it breaks trend?
BSV isn't listed on many exchanges, Bitfinex, Bitrex, and Robinhood. There's probably a few more but that's not very many.
It can be manipulated pretty easily I'm sure!
I don't think BSV will start trading like a normal asset until they prove to the crypto world that they are what they say they are...Bitcoin.
What I find interesting though, is that Robinhood will allow BSV to be traded on their exchange. Can anyone leave a comment as to why that is?
I'm mean, BSV was branded as the "Scam Coin", why would robinhood allow a scam coin? Food for thought.
Leave a comment, let me know what you think.
This was a lot of rambling but I don't get to discus crypto with anyone so might as well talk to my keyboard : )
Don't miss the bsv buy opportunity at 172<You can buy the bsv on 172$ and sell it on near 200$ at least and the next target is 210 till 450!
BSV Breakout, LONGMACD (12, 26), Momentum (10), RSI , and Moving Averages indicate a nice go at it! Strong-buy.
Bsv has done this before. 170-150 range I think Bsv is going to go back up. Eventually it’ll go up in my mind. It might dip lower before going up. But this support like I’ve drawn has been holding well. I buy lows and sell highs. So now it’s a low and at a major support = buy signal for me. God bless.
BSV Heads and Shouldersmore bearish patterns than bullish. Heads and Shoulders inside a descending triangle. Pray for the hodlers for an upward breakout.
Similar to Dec 11th 2017 week?If you look in history back at the candle week starting December 11th 2017. You’ll see a big engulfing candle like the one we just had. Then a retracement wick down to 0.618 Fibonacci. I have sold some XRP at 0.45. If it goes down to 0.31 I’ll be buying back in. I must pace myself. My motto is, ‘always buy low & sell high, no matter what’ God bless. Trade safe. It’s a percentage game. Increment safe wins.
BSV / BTC Main trend. Channel. Fractal. Past idea + 1760%BSV / BTC The main trend of this coin is upward. This makes for great money. They work on the pump / reset principle in the range of a huge ascending channel with a step of 380%. Coin "Black PR". Liquidity is acceptable for trading large amounts of money. Pay attention to the levels. It's all about the little things and the logic.
I would advise to open a long position not from the bottom of the channel, but on a breakout / pullback (it may not be) after the breakdown of the secondary trend line (purple). The reason is very simple, it is better to buy a little more expensive, but with a high degree of probability an uptrend will develop.
The previous idea for this coin gave a manipulation profit of + 1760%. But in a BSV / BTC pair.
It is clear that I did not earn + 1760%. The last orders were sold in the + 300% zone from the entry point.
I have previously described in the trading idea that this manipulation will occur, but I did not expect the momentum to be almost + 2000%!
BSV Coin operation. Cheating movements. Pivot points.
+ 1760%
All targets are closed, the last targets are + 300%
BSVUSDBSVUSD
Purchase in the area 175.5 - 162
1 - 189
2 - 203
3 - 222
Stop, fixing below 157
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Waiting for your comment, what do you think about this?
BSV about to break out?Bsv has been going sideways for a long time now. I’ve drawn trend lines and it seems like it’s nearing a decision point. If it goes down, then I’m putting more in there. If it goes up then good. Either way God bless. Jesus loves you.
#BSVUSD 12hrs Chart#BSV - Trade continues is this parallel channel, it is beautiful. Price of $BSV at accumulation mode for a very long time now. Get ready, got the feeling that $BSV will start showing some strong green candles 🚀